2018-08-15T17:19:06-05:00 2017-12-31 812737245 LOPEZ ACCOUNTING GROUP 3500 WEST OLIVE AVENUE SUITE 680 BURBANK CA 91505 990 2017-01-01 953899329 KOREAN AMERICAN FAMILY SERVICES INC KORE 2133896755 3727 WEST 6TH STREET NO 320 LOS ANGELES CA 90020 CONNIE CHUNG JOE EXECUTIVE DIRECTOR 2133896755 2018-08-13 1 JUAN P LOPEZ CPA P01367411 8188407075 2018-08-13 2017 2022-09-23 18:48:47Z KFAM CONNIE CHUNG JOE 3727 WEST 6TH STREET NO 320 LOS ANGELES CA 90020 5015008 0 X WWW.KFAMLA.ORG X 1983 CA SUPPORT AND STRENGHTHEN KOREAN AMERICAN FAMILIES AND INDIVIDUALS IN THE GREATER LOS ANGELES AREA THROUGH COUNSELING, EDUCATION AND OTHER SOCIAL SERVICES. 16 16 31 16 0 0 4879229 4791684 58183 57116 1531 962 0 0 4938943 4849762 39000 0 0 0 1076533 1307803 0 0 15495 3794539 3493230 4910072 4801033 28871 48729 1529950 1566418 557737 545476 972213 1020942 SUPPORT AND STRENGHTHEN KOREAN AMERICAN FAMILIES AND INDIVIDUALS IN THE GREATER LOS ANGELES AREA THROUGH COUNSELING, EDUCATION AND OTHER SOCIAL SERVICES. 0 0 3372096 CHILDREN SERVICES - PROVIDES TRAINING, ADVICE AND MONITORING TO HUNDREDS OF LICENSED CHILD DAY CARE PROVIDERS TO ENSURE THAT OVER 3,000 CHILDREN ENJOY NUTRITIOUS MEALS AND SNACKS EVERY DAY. ALSO, OVERSEES LICENSED IN-HOME DAY CARE PROVIDERS AND LICENSED DAY CARE CENTERS. 827073 57116 COUNSELING - FREE AND LOW COST COUNSELING SERVICES IN ENGLISH AND KOREAN IN THE AREAS OF DOMESTIC VIOLENCE, MARITAL PROBLEMS, PARENTING ISSUES, CHILD ABUSE, ALCOHOLISM, CHEMICAL DEPENDENCY, CULTURAL ADJUSTMENT AND ANGER MANAGEMENT. 406511 EDUCATION AND OUTREACH - FREE SEMINARS AND WORKSHOPS TO MEET THE NEEDS OF THE KOREAN AMERICAN COMMUNITY IN LOS ANGELES ON SUCH TOPICS AS FINANCIAL ISSUES, PARENTING EDUCATION, STRESS MANAGEMENT, COMMUNICATION SKILLS, FAMILY CRISIS PREVENTION AND CONFLICT RESOLUTION. 4605680 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 31 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X CONNIE CHUNG JOE 2133896755 3727 WEST 6TH STREET NO 320 LOS ANGELES CA 90020 SUNNY KANG CHAIR 5.00 0.00 X X 0 0 0 TERI M LIM VICE-CHAIR 5.00 0.00 X X 0 0 0 YUN KIM TREASURER 5.00 0.00 X X 0 0 0 JULIE H YU SECRETARY 5.00 0.00 X X 0 0 0 JAE CHUNG DIRECTOR 5.00 0.00 X 0 0 0 ALVIN KANG DIRECTOR 5.00 0.00 X 0 0 0 YOUNG MIN KIM DIRECTOR 5.00 0.00 X 0 0 0 EUGENE KIMN DIRECTOR 5.00 0.00 X 0 0 0 BONITA LEE DIRECTOR 5.00 0.00 X 0 0 0 JOHN LEE DIRECTOR 5.00 0.00 X 0 0 0 CHRISTINE OH DIRECTOR 5.00 0.00 X 0 0 0 JINA PARK DIRECTOR 5.00 0.00 X 0 0 0 ALICE SONG DIRECTOR 5.00 0.00 X 0 0 0 JULIA SONG DIRECTOR 5.00 0.00 X 0 0 0 JULIE WHANG DIRECTOR 5.00 0.00 X 0 0 0 CHARLES YOO DIRECTOR 5.00 0.00 X 0 0 0 CONNIE CHUNG JOE EXECUTIVE DIRECTOR 40.00 0.00 X 98672 0 5601 98672 0 5601 0 0 0 0 0 77107 3687124 1027453 4791684 PROGRAM SERVICE FEES 624100 57116 57116 57116 962 962 165246 77107 165246 0 4849762 57116 0 962 98672 81404 12334 4934 1012104 935078 70696 6330 5655 5169 427 59 98401 90131 7281 989 92971 85161 6870 940 12850 12314 464 72 140386 108742 31484 160 5239 4808 381 50 108686 93857 14102 727 102205 96738 4818 649 7559 7399 139 21 66388 40050 26220 118 14590 13548 932 110 31972 29293 2363 316 DAYCARE FOOD REIMBURSEM 2964447 2964447 CLIENT SUPPORT 36042 36042 MISCELLANEOUS 2866 1499 1347 20 4801033 4605680 179858 15495 429083 607195 148837 242939 900544 674326 7737 12799 233003 205640 41953 27363 1796 1796 1529950 1566418 557737 545476 557737 545476 X 615963 743859 356250 277083 972213 1020942 1529950 1566418 48729 0 X 0 1 X 1 1 1 X 5366928 5469796 5292122 4899222 4791684 25819752 5366928 5469796 5292122 4899222 4791684 25819752 25819752 1324 1486 1426 1531 962 6729 25826481 710172 0.99970 0.99980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 80063 60807 19256 152940 144833 8107 27363 X 4849762 0 4849762 0 4849762 4801033 0 4801033 0 4801033 PART X, LINE 2: KFAM IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. KFAM IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. KFAM HAS ADOPTED ASC SECTION 740-10, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC 740-10 REQUIRES THAT AN ORGANIZATION RECOGNIZES IN THE FINANCIAL STATEMENTS THE IMPACT OF THE TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. AT DECEMBER 31, 2017 AND FOR THE YEAR THEN ENDED, KFAM HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS, TAX PENALTIES OR INTEREST. KFAM'S FEDERAL FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDED DECEMBER 31, 2014 THROUGH 2016 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE CALIFORNIA FORMS 199, CALIFORNIA EXEMPT ORGANIZATION ANNUAL INFORMATION RETURN, FOR THE YEARS ENDED DECEMBER 31, 2013 THROUGH 2016 ARE SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED. GALA 242353 77107 165246 34606 130640 242353 77107 165246 34606 130640 165246 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS CAREFULLY REVIEWED BY THE INTERNAL AFFAIRS COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL STAFF AND BOARD MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. BOARD MEMBERS ARE EXPECTED TO ABSTAIN FROM DISCUSSION AND VOTING ON MATTERS THAT MAY BE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS AND APPROVES COMPENSATION AND BENEFITS. THE BOARD CONSIDERS SKILLS, EXPERIENCE, PERFORMANCE, COMPARABLE SALARIES AND THE FINANCIAL CONDITION OF THE ORGANIZATION WHEN SETTING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.